New Risk • Jul 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 346% Cash payout ratio: 427% Earnings have declined by 8.2% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (LK₨13.4b market cap, or US$39.9m). Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to LK₨155, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 20x in the Metals and Mining industry in Asia. Total returns to shareholders of 214% over the past three years. New Risk • May 21
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: LK₨1.7b (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 346% Cash payout ratio: 427% Earnings have declined by 8.2% per year over the past 5 years. Minor Risks Revenue is less than US$5m (LK₨1.7b revenue, or US$5.0m). Market cap is less than US$100m (LK₨12.1b market cap, or US$35.3m). Reported Earnings • May 16
First quarter 2026 earnings released: EPS: LK₨0.72 (vs LK₨0.68 in 1Q 2025) First quarter 2026 results: EPS: LK₨0.72 (up from LK₨0.68 in 1Q 2025). Revenue: LK₨449.9m (up 12% from 1Q 2025). Net income: LK₨68.1m (up 5.2% from 1Q 2025). Profit margin: 15% (down from 16% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to LK₨115, the stock trades at a trailing P/E ratio of 39.5x. Average trailing P/E is 22x in the Metals and Mining industry in Asia. Total returns to shareholders of 83% over the past three years. New Risk • Mar 10
New major risk - Revenue and earnings growth Earnings have declined by 3.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 346% Dividend per share is over 5x cash flows per share. Earnings have declined by 3.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Market cap is less than US$100m (LK₨12.8b market cap, or US$41.2m). Tillkännagivande • Mar 09
Bogala Graphite Lanka PLC, Annual General Meeting, Apr 02, 2026 Bogala Graphite Lanka PLC, Annual General Meeting, Apr 02, 2026, at 14:30 Sri Lanka Standard Time. Location: at the ceylon chamber of commerce auditorium, at no. 50, navam mawatha, and via audio-visual technology (hybrid meeting), colombo 02 Sri Lanka Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to LK₨168, the stock trades at a trailing P/E ratio of 72.4x. Average trailing P/E is 22x in the Metals and Mining industry in Asia. Total returns to shareholders of 292% over the past three years. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to LK₨150, the stock trades at a trailing P/E ratio of 64.6x. Average trailing P/E is 21x in the Metals and Mining industry in Asia. Total returns to shareholders of 226% over the past three years. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 27% After last week's 27% share price gain to LK₨110, the stock trades at a trailing P/E ratio of 47.3x. Average trailing P/E is 22x in the Metals and Mining industry in Asia. Total returns to shareholders of 133% over the past three years. New Risk • Aug 24
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 20% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (LK₨7.45b market cap, or US$24.7m). Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to LK₨89.80, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 21x in the Metals and Mining industry in Asia. Total returns to shareholders of 30% over the past three years. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: LK₨0.81 (vs LK₨0.81 in 2Q 2024) Second quarter 2025 results: EPS: LK₨0.81 (up from LK₨0.81 in 2Q 2024). Revenue: LK₨443.9m (up 4.1% from 2Q 2024). Net income: LK₨76.6m (flat on 2Q 2024). Profit margin: 17% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. New Risk • Aug 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Sri Lankan stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (LK₨7.20b market cap, or US$23.9m). Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to LK₨64.60, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 20x in the Metals and Mining industry in Asia. Total returns to shareholders of 2.5% over the past three years. Reported Earnings • May 09
First quarter 2025 earnings released: EPS: LK₨0.68 (vs LK₨0.07 in 1Q 2024) First quarter 2025 results: EPS: LK₨0.68 (up from LK₨0.07 in 1Q 2024). Revenue: LK₨400.9m (down 17% from 1Q 2024). Net income: LK₨64.7m (up LK₨57.9m from 1Q 2024). Profit margin: 16% (up from 1.4% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Tillkännagivande • Mar 10
Bogala Graphite Lanka PLC, Annual General Meeting, Apr 11, 2025 Bogala Graphite Lanka PLC, Annual General Meeting, Apr 11, 2025, at 11:30 Sri Lanka Standard Time. Location: ceylon chamber of commerce, no. 50, nawam mawatha, colombo 02, Sri Lanka Reported Earnings • Feb 21
Full year 2024 earnings released: EPS: LK₨1.70 (vs LK₨1.64 in FY 2023) Full year 2024 results: EPS: LK₨1.70 (up from LK₨1.64 in FY 2023). Revenue: LK₨1.77b (up 8.8% from FY 2023). Net income: LK₨161.1m (up 3.7% from FY 2023). Profit margin: 9.1% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to LK₨67.10, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 19x in the Metals and Mining industry in Asia. Total loss to shareholders of 33% over the past three years. New Risk • Dec 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (LK₨6.27b market cap, or US$21.3m). Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to LK₨66.30, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 20x in the Metals and Mining industry in Asia. Total loss to shareholders of 38% over the past three years. Reported Earnings • Nov 14
Third quarter 2024 earnings released: EPS: LK₨0.36 (vs LK₨0.82 in 3Q 2023) Third quarter 2024 results: EPS: LK₨0.36 (down from LK₨0.82 in 3Q 2023). Revenue: LK₨423.9m (down 13% from 3Q 2023). Net income: LK₨33.6m (down 57% from 3Q 2023). Profit margin: 7.9% (down from 16% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 10
Second quarter 2024 earnings released: EPS: LK₨0.72 (vs LK₨0.05 loss in 2Q 2023) Second quarter 2024 results: EPS: LK₨0.72 (up from LK₨0.05 loss in 2Q 2023). Revenue: LK₨426.3m (up 5.5% from 2Q 2023). Net income: LK₨67.9m (up LK₨72.2m from 2Q 2023). Profit margin: 16% (up from net loss in 2Q 2023). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • May 16
First quarter 2024 earnings released: EPS: LK₨0.07 (vs LK₨0.07 loss in 1Q 2023) First quarter 2024 results: EPS: LK₨0.07 (up from LK₨0.07 loss in 1Q 2023). Revenue: LK₨482.0m (up 36% from 1Q 2023). Net income: LK₨6.78m (up LK₨13.0m from 1Q 2023). Profit margin: 1.4% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Tillkännagivande • Mar 19
Bogala Graphite Lanka PLC, Annual General Meeting, Apr 10, 2024 Bogala Graphite Lanka PLC, Annual General Meeting, Apr 10, 2024, at 11:00 Sri Lanka Standard Time. Location: Ceylon Chamber of Commerce Auditoriumat No.50, Nawam Mawatha Colombo 02 Sri Lanka Agenda: To receive and consider the Annual Report of the Board and the Financial Statements of the Company For the financial year ended 31 December 2023 together with the Report of the Auditors thereon; to re-appoint KPMG as the auditors of the Company and to audit the financial statements for the ensuing year and authorize the Directors to fix their remuneration; to authorize the Directors to determine contributions to charities; and to consider other matters. New Risk • Feb 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (9.6% net profit margin). Market cap is less than US$100m (LK₨4.64b market cap, or US$14.9m). Reported Earnings • Feb 21
Full year 2023 earnings released: EPS: LK₨1.64 (vs LK₨7.02 in FY 2022) Full year 2023 results: EPS: LK₨1.64 (down from LK₨7.02 in FY 2022). Revenue: LK₨1.62b (down 4.5% from FY 2022). Net income: LK₨155.3m (down 77% from FY 2022). Profit margin: 9.6% (down from 39% in FY 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: LK₨0.82 (vs LK₨1.27 in 3Q 2022) Third quarter 2023 results: EPS: LK₨0.82 (down from LK₨1.27 in 3Q 2022). Revenue: LK₨485.6m (down 15% from 3Q 2022). Net income: LK₨77.8m (down 35% from 3Q 2022). Profit margin: 16% (down from 21% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. New Risk • Aug 17
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 42% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (11% net profit margin). Market cap is less than US$100m (LK₨5.02b market cap, or US$15.6m). Reported Earnings • Aug 16
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: LK₨404.3m (down 9.8% from 2Q 2022). Net loss: LK₨4.30m (down 102% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (31% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (LK₨5.53b market cap, or US$19.0m). Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to LK₨58.20, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 15x in the Metals and Mining industry in Asia. Total returns to shareholders of 322% over the past three years. Board Change • Apr 13
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Non-Independent Non-Executive Director J. C. Jayasinghe was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 08
Full year 2022 earnings released: EPS: LK₨7.02 (vs LK₨2.53 in FY 2021) Full year 2022 results: EPS: LK₨7.02 (up from LK₨2.53 in FY 2021). Revenue: LK₨1.70b (up 51% from FY 2021). Net income: LK₨664.3m (up 178% from FY 2021). Profit margin: 39% (up from 21% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year whereas the company’s share price has increased by 83% per year. Reported Earnings • Feb 25
Full year 2022 earnings released: EPS: LK₨7.02 (vs LK₨2.53 in FY 2021) Full year 2022 results: EPS: LK₨7.02 (up from LK₨2.53 in FY 2021). Revenue: LK₨1.70b (up 51% from FY 2021). Net income: LK₨664.3m (up 178% from FY 2021). Profit margin: 39% (up from 21% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 60% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: LK₨1.27 (vs LK₨0.54 in 3Q 2021) Third quarter 2022 results: EPS: LK₨1.27 (up from LK₨0.54 in 3Q 2021). Revenue: LK₨570.0m (up 106% from 3Q 2021). Net income: LK₨120.3m (up 136% from 3Q 2021). Profit margin: 21% (up from 18% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Oct 25
Now 23% undervalued Over the last 90 days, the stock is up 20%. The fair value is estimated to be LK₨71.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 67%. Buying Opportunity • Sep 19
Now 20% undervalued Over the last 90 days, the stock is up 29%. The fair value is estimated to be LK₨87.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 67%. Valuation Update With 7 Day Price Move • Aug 24
Investor sentiment improved over the past week After last week's 27% share price gain to LK₨79.90, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 11x in the Metals and Mining industry in Asia. Total returns to shareholders of 471% over the past three years. Reported Earnings • Aug 17
Second quarter 2022 earnings released: EPS: LK₨2.45 (vs LK₨0.89 in 2Q 2021) Second quarter 2022 results: EPS: LK₨2.45 (up from LK₨0.89 in 2Q 2021). Revenue: LK₨448.4m (up 42% from 2Q 2021). Net income: LK₨232.0m (up 176% from 2Q 2021). Profit margin: 52% (up from 27% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year whereas the company’s share price has increased by 70% per year. Buying Opportunity • Aug 09
Now 22% undervalued Over the last 90 days, the stock is up 33%. The fair value is estimated to be LK₨82.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 46%. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment improved over the past week After last week's 15% share price gain to LK₨54.00, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 11x in the Metals and Mining industry in Asia. Total returns to shareholders of 350% over the past three years. Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorated over the past week After last week's 18% share price decline to LK₨43.20, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 11x in the Metals and Mining industry in Asia. Total returns to shareholders of 260% over the past three years. Valuation Update With 7 Day Price Move • Jun 20
Investor sentiment deteriorated over the past week After last week's 17% share price decline to LK₨52.20, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 11x in the Metals and Mining industry in Asia. Total returns to shareholders of 383% over the past three years. Buying Opportunity • May 19
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 25%. The fair value is estimated to be LK₨83.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 46%. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: LK₨2.44 (vs LK₨0.61 in 1Q 2021) First quarter 2022 results: EPS: LK₨2.44 (up from LK₨0.61 in 1Q 2021). Revenue: LK₨312.2m (up 25% from 1Q 2021). Net income: LK₨231.0m (up 300% from 1Q 2021). Profit margin: 74% (up from 23% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 80% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • May 09
Investor sentiment improved over the past week After last week's 19% share price gain to LK₨47.90, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 12x in the Metals and Mining industry in Asia. Total returns to shareholders of 332% over the past three years. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment deteriorated over the past week After last week's 15% share price decline to LK₨53.90, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 12x in the Metals and Mining industry in Asia. Total returns to shareholders of 342% over the past three years. Reported Earnings • Mar 18
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: LK₨2.53 (up from LK₨0.50 in FY 2020). Revenue: LK₨1.13b (up 68% from FY 2020). Net income: LK₨239.4m (up 409% from FY 2020). Profit margin: 21% (up from 7.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 73% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment deteriorated over the past week After last week's 20% share price decline to LK₨72.30, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 12x in the Metals and Mining industry in Asia. Total returns to shareholders of 483% over the past three years. Reported Earnings • Feb 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: LK₨2.53 (up from LK₨0.50 in FY 2020). Revenue: LK₨1.13b (up 68% from FY 2020). Net income: LK₨239.4m (up 409% from FY 2020). Profit margin: 21% (up from 7.0% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 90% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Feb 13
Bógala Graphite Lanka Appoints Coralie Pietersz as Chairman of the Board of Directors Bógala Graphite Lanka PLC announced that Ms. Coralie Pietersz, independent non-executive director has been appointed as the Chairman of the board of directors of the Company on 10th February 2022. Tillkännagivande • Feb 12
Bogala Graphite Lanka PLC, Annual General Meeting, Apr 09, 2022 Bogala Graphite Lanka PLC, Annual General Meeting, Apr 09, 2022, at 09:30 Indian Standard Time. Location: ceylon Chamber of Commerce No 50 Nawam Mawatha Colombo Sri Lanka Tillkännagivande • Feb 08
Bogala Graphite Lanka plc Announces Demise of Vijaya Malalasekera, Independent Non-Executive Chairman Bogala Graphite Lanka PLC informed with deep regret the demise of Mr. Vijaya Malalasekera, independent non-executive chairman of the board of the director of the company on February 5, 2022. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS LK₨0.54 (vs LK₨0.40 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: LK₨276.8m (up 166% from 3Q 2020). Net income: LK₨50.9m (up LK₨88.7m from 3Q 2020). Profit margin: 18% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 21% share price gain to LK₨90.50, the stock trades at a trailing P/E ratio of 49.8x. Average trailing P/E is 13x in the Metals and Mining industry in Asia. Total returns to shareholders of 565% over the past three years. Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment improved over the past week After last week's 17% share price gain to LK₨81.30, the stock trades at a trailing P/E ratio of 44.7x. Average trailing P/E is 14x in the Metals and Mining industry in Asia. Total returns to shareholders of 481% over the past three years. Valuation Update With 7 Day Price Move • Aug 25
Investor sentiment improved over the past week After last week's 27% share price gain to LK₨68.50, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 15x in the Metals and Mining industry in Asia. Total returns to shareholders of 411% over the past three years. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS LK₨0.89 (vs LK₨0.21 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: LK₨314.9m (up 72% from 2Q 2020). Net income: LK₨84.0m (up 323% from 2Q 2020). Profit margin: 27% (up from 11% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 66% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improved over the past week After last week's 36% share price gain to LK₨53.00, the stock trades at a trailing P/E ratio of 44.9x. Average trailing P/E is 18x in the Metals and Mining industry in Asia. Total returns to shareholders of 298% over the past three years. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improved over the past week After last week's 19% share price gain to LK₨39.70, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 18x in the Metals and Mining industry in Asia. Total returns to shareholders of 184% over the past three years. Valuation Update With 7 Day Price Move • Jun 24
Investor sentiment improved over the past week After last week's 16% share price gain to LK₨31.80, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 18x in the Metals and Mining industry in Asia. Total returns to shareholders of 129% over the past three years. Reported Earnings • Mar 19
Full year 2020 earnings released: EPS LK₨0.50 (vs LK₨1.03 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: LK₨669.5m (down 18% from FY 2019). Net income: LK₨47.0m (down 52% from FY 2019). Profit margin: 7.0% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 24
Full year 2020 earnings released: EPS LK₨0.50 (vs LK₨1.03 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: LK₨669.5m (down 18% from FY 2019). Net income: LK₨47.0m (down 52% from FY 2019). Profit margin: 7.0% (down from 12% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Dec 31
New 90-day high: LK₨27.40 The company is up 30% from its price of LK₨21.00 on 02 October 2020. The Sri Lankan market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: LK₨24.30 The company is up 29% from its price of LK₨18.80 on 09 September 2020. The Sri Lankan market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 14% over the same period. Reported Earnings • Nov 17
Third quarter 2020 earnings released: LK₨0.40 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: LK₨104.1m (down 43% from 3Q 2019). Net loss: LK₨37.8m (down 353% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 17% per year. Valuation Update With 7 Day Price Move • Oct 21
Market pulls back on stock over the past week After last week's 19% share price decline to LK₨19.10, the stock is trading at a trailing P/E ratio of 29.3x, down from the previous P/E ratio of 36.3x. This compares to an average P/E of 19x in the Metals and Mining industry in Asia. Total returns to shareholders over the past three years are 32%. Valuation Update With 7 Day Price Move • Oct 12
Market bids up stock over the past week After last week's 18% share price gain to LK₨21.00, the stock is trading at a trailing P/E ratio of 32.3x, up from the previous P/E ratio of 27.3x. This compares to an average P/E of 19x in the Metals and Mining industry in Asia. Total returns to shareholders over the past three years are 50%. Is New 90 Day High Low • Sep 28
New 90-day high: LK₨20.50 The company is up 37% from its price of LK₨15.00 on 29 June 2020. The Sri Lankan market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period. 
